Public Storage Reopens Access to Houston Properties and Opens its 116th Houston Property
September 04 2017 - 9:30AM
Business Wire
Public Storage (NYSE:PSA) announced today that all 115
properties previously closed due to severe weather conditions
related to Hurricane Harvey have been reopened. These properties
cover 8.4 million net rentable square feet and over 77,500 units in
the Houston and surrounding areas. Our dedicated hotline for those
impacted by Hurricane Harvey remains open for any customer who
would like to speak to a Public Storage Team Member: (866)
381-0515.
“We are thankful for our loyal customers and the extraordinary
efforts by the Public Storage team members on the ground who have
worked tirelessly to restore service to our customers,” said Joseph
D. Russell, Jr., President of Public Storage.
In addition, Public Storage is pleased to announce the opening
of its 116th facility in Houston, located at US-290 and Mueschke
Road in Cypress, Texas. This property is a 2,064 unit three-story
state of the art climate-controlled storage facility with 194,000
net rentable square feet.
Company Information
Public Storage, a member of the S&P 500 and FT Global 500,
is a fully integrated, self-administered and self-managed real
estate investment trust that primarily acquires, develops, owns and
operates self-storage facilities. The Company’s headquarters are
located in Glendale, California. At June 30, 2017, the Company had
interests in 2,358 self-storage facilities located in 38 states
with approximately 156 million net rentable square feet in the
United States and 220 storage facilities located in seven
Western European nations with approximately 12 million net
rentable square feet operated under the “Shurgard” brand. The
Company also owns a 42% common equity interest in PS Business
Parks, Inc. (NYSE:PSB) which owned and operated approximately 28
million rentable square feet of commercial space, primarily flex,
multi-tenant office and industrial space, at June 30, 2017.
Additional information about Public Storage is available on the
Internet. The Company’s web site is PublicStorage.com.
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Public StorageClemente Teng(818) 244-8080, Ext. 1141
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